Mumbai, Jan. 27 -- China National Tire & Rubber Co. plans to invest in Egypt, expanding its current operations with two key projects, Egyptian Prime Minister Mostafa Madbouly announced after meeting with company executives.

The company will double heavy-duty tyres production at its Alexandria factory and establish a new passenger car tyre manufacturing facility on an adjacent 180,000-square-metre plot. Its current factory produces 1.1 million heavy-duty tyres annually, exporting 70 per cent of its output and employing 2,000 workers.

Government officials, including Deputy Prime Minister Kamel El-Wazir, expressed support for the expansion, providing comprehensive market data and investment incentives. Wang Jijun, the company's chairman, d...